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Rupee rises 33 paise to 85.05 against US dollar in early trade

Forex traders said a positive trend in domestic equities and foreign fund inflows boosted investors' sentiments.

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indian rupeeTraders said the Indian rupee has gained significant ground over the last few trading sessions. (File Photo)

Rupee appreciated 33 paise to 85.05 against the US dollar in early trade on Monday, as the dollar index fell to its lowest in three years due to anxiety over Trump tariffs.

Forex traders said a positive trend in domestic equities and foreign fund inflows boosted investors’ sentiments.

Traders said the Indian rupee has gained significant ground over the last few trading sessions on encouraging domestic indicators and changing global tides that have kept the rupee steady, even as uncertainty swirls around major world economies.

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